TrueShares Active Yield ETF (NASDAQ:ERNZ) Announces $0.17 Monthly Dividend

TrueShares Active Yield ETF (NASDAQ:ERNZ) declared a monthly dividend on Wednesday, August 27th. Shareholders of record on Thursday, August 28th will be given a dividend of 0.165 per share on Friday, August 29th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Thursday, August 28th.

TrueShares Active Yield ETF Trading Down 1.3%

Shares of ERNZ stock traded down $0.30 on Thursday, reaching $22.71. 13,183 shares of the stock were exchanged, compared to its average volume of 13,362. TrueShares Active Yield ETF has a twelve month low of $20.64 and a twelve month high of $25.64. The company has a market capitalization of $150.77 million and a price-to-earnings ratio of 14.09. The business’s 50 day moving average price is $22.70 and its 200 day moving average price is $22.76.

About TrueShares Active Yield ETF

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.